Genesis Energy chair Shipley stonewalls on Mainzeal involvement

Mon, 25 Feb 2013

By Pattrick Smellie Feb. 26 (BusinessDesk) - Former Prime Minister Jenny Shipley stonewalled questions about her suitability to remain chair of state-owned power company Genesis Energy after resigning her chairmanship of Mainzeal companies just before the country's largest construction group went into receivership. In her first public appearance since the Feb. 6 Mainzeal receivership, Shipley was fielding questions at the six month result briefing for Genesis, which turned in a solid 85 percent increase in net profit of $71 million and return...

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